Oklahoma City was recently named one of the most recession-proof places in the country. The state’s economy continues to do better than the nation as a whole. A prime factor in both trends is the presence of companies such as Devon Energy Corp.
Detractors have said the capital city is relatively recession-proof due to the number of government jobs. But it’s not a government agency that’s preparing to build what would be the largest and tallest office tower in Oklahoma. It’s Devon.
Chairman Larry Nichols said Wednesday that the previously announced plans for a new downtown office tower will be grander than originally thought. Instead of 37 stories, it will have 54.
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